ElliottChart

$GC_F The triangle correction at extreme point!!

Short
COMEX:GC1!   Gold Futures
$GC_F Technically, the correction in Intermediate-degree wave(B) should be considered as a completed five-waves triangle pattern.
The extreme point of wave(B) could be at 1328, where is exactly in the range of Fibonacci targets(1318-1330).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.